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monkeybawz t1_j6oxrzp wrote

Only listen to whoever is holding the truth-stick.

20

takgillo t1_j6p1uy7 wrote

I think the grand wizard of the KKK was the last one seen with the stick of truth

−5

_Kenway t1_j6p24bl wrote

you're watching the wrong part of WSB

check the daily thread, DD and chart section

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SwearImNotACat OP t1_j6phcwv wrote

I still feel there’s a conversation to be had about posting misleading content. Surely something about the pump and dump guidelines.

1

G33kyT33py t1_j6p2qmv wrote

Reality is that this is the place for the people who want high risk high reward type trades. That probably selfselects for the kinds of people who goes all in whenever theres any hype about anything (and those of us with popcorn to eat).

This is a casino, don't tell the gamblers to play it safe.

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Fibocrypto t1_j6p3806 wrote

One thing I've noticed about wallstreetbets is that when you come here everyone understands beyond doubt that you can lose everything you invest.

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SwearImNotACat OP t1_j6p6uiu wrote

There’s a lot of evidence that some people think they’re getting into a “sure thing” bobbys.

Which points at a larger social problem with the way the sub talks about companies and investments

−2

The_Fake_King t1_j6p8izf wrote

Only person responsible for their financial decisions are they themselves. Lots of people chased after a supposed "get rich quick scheme" they thought they needed to put no effort into. Just buy shares and you'll be rich. Any amount of criticism or counter evidence was taken as a personal attack against their ego and now has turned into a toxic sunken cost fallacy that has them looking at every aspect of everything as a conspiracy by the wealthy to keep them poor.

It's why over the course of two years anyone with any amount of logic based objective indifference to the stock has seen every non zealot thrown out of the echo chamber. When it first started all information was accepted. Now if you think anything other than the squeeze is 100% guaranteed you're thrown out. You think this one thing that has a real life example of happening(drs) will be the final cause of you becoming super duper multibillionaires then google Robert Smith global links. You think a company that burned through 1.5 billion in share buybacks and immediately needed loans to pay bills is a successful company I got some towels to sell you.

1

kAALiberty t1_j6pcm5q wrote

OP you only post about the shit towel company. Honestly, like any stock if you bought at the right time or bought the dip you would of been fine.

1

chorblingorb t1_j6p3ili wrote

How am I supposed to eat? I'm the leader of at least 14 cults right now

edited* While typing this I found out that I was the leader of a few more at least 3 cults.

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VisualMod t1_j6oxkrz wrote

>There is no easy answer to this question. I think that the best thing we can do is to be vigilant about sharing information and only trusting sources that we know are reliable. Additionally, it is important to have discussions about stocks and investment strategies in order to learn from each other and make sure that everyone is on the same page.

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SwearImNotACat OP t1_j6oxopp wrote

Hard agree. Good bot.

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Rim_World t1_j6oz9o1 wrote

Get-rich-fast is not a new phenomenon /thread

3

SwearImNotACat OP t1_j6p03v2 wrote

Absolutely, so why doesn’t this sub have better resources to prevent people from chasing bags?

Choosing to put their life savings in a dying company because they think they’re sticking it to the man is a new one— and it’s so deluded that it feels like a failure of reasonable people on this sub

−10

Rim_World t1_j6p0dp4 wrote

Marginalization only makes it worse.

1

SwearImNotACat OP t1_j6p0mxt wrote

Yeah, we treat people badly in this sub and even marginalize people for trying to come up with solutions.

−3

_Pill-Cosby_ t1_j6pcvt0 wrote

>So many ruined lives, families, marriages, bank accounts.

Just like a true casino.

2

VisualMod t1_j6oxk3q wrote

User Report
Total Submissions 0 First Seen In WSB 2 years ago
Total Comments 1002 Previous Best DD
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1

DevilDog82nd t1_j6oxwob wrote

Lol they did it to themselves. They even keep buying more. You cant help them

1

SwearImNotACat OP t1_j6ozfit wrote

I strongly disagree.

To say there’s no preventative measures possible— is like saying you’re too lazy, or too entitled, to try and think about others.

It’s clear that some people don’t care about the affect this sub has had on people’s lives. But I think it’s worth talking about; maybe someone has an idea. Which is why I made this post.

−6

DevilDog82nd t1_j6p11ic wrote

The names on the sub. Bets. You think this is a financial sub? I guess Vegas is for the rich with only successful people. It's a casino.

8

bbatardo t1_j6p3gbs wrote

That is the neat part.. you can't. There is always going to be a % of the population that jumps into something. Just look at the evolution of things over the decades.

1

SwearImNotACat OP t1_j6p71cr wrote

Lazy answer. We can absolutely improve online practices and minimize loss at WSB by taking preventative measures. (Such as providing better financial education resources).

The guy screaming about his carvana puts on the front page is obvious evidence of this.

1

bbatardo t1_j6pabc2 wrote

This is /r/wallstreetbets, not /r/investing. There is a reason people choose here instead of there.

4

SwearImNotACat OP t1_j6pgge9 wrote

More success stories and better communication on the forum would boost everyone’s gains.

1

Quirky-Ad-9791 t1_j6pas9z wrote

If people wanna keep giving their money to citadel that’s on them. 16bn in profits speaks volumes. Like taking candy from a baby

Edit: I’m talking about meme stocks specifically

1

SwearImNotACat OP t1_j6pgbpk wrote

it’s feels like something should be done to control misleading content—

2

neutralpoliticsbot t1_j6pb842 wrote

There are always people in the comments warning about risks the fact that people ignore obvious red flags makes it kinda on them you know.

1

SwearImNotACat OP t1_j6pg3hc wrote

To avoid those comments being missed, maybe there should be a rule against spreading misinformation? Or a ban rule about posting misleading content? — u/OPINION_IS_UNPOPULAR — what’s your take?

1

OPINION_IS_UNPOPULAR t1_j6pizun wrote

There already is one and we ban a ton of people for it every day, still, we don't catch everyone, sometimes we're wrong, and sometimes the cult is just too strong and refuses to listen to reason

3

SwearImNotACat OP t1_j6pjsa9 wrote

Appreciate you for doing mod duties then. Must be a lot of that, I didn’t know about the rule, thanks for letting me know. I believe your take is pretty well informed and puts most of my questions to rest. Again thanks for taking the time.

2

HorlickMinton t1_j6pe2fe wrote

Wait until bobby declares bk this week. That shit is gonna move into JFK is about to appear in Dallas territory.

1

Arugula-Unhappy t1_j6pejfa wrote

It’s something innate in humans. They’re no different from any other cargo cult.

Also, don’t take this the wrong way, because you seem nice. But I couldn’t give a fuck if cults get made in the wake of trading, I don’t want to do any healthily or protect anyone.

This is the fucking thunder-dome. The wasteland. An AIDs ridden orgy. The last days of Rome. The barbarians are at the gate and you need to pick up whatever you can find and start beating people to death.

1

SwearImNotACat OP t1_j6pfudj wrote

Your argument is that you can’t make someone learn. And that’s true, but maybe there could be better community guidelines or resources for investors on this sub~

1

Arugula-Unhappy t1_j6phcsj wrote

Nope. It’s just that why would I care if they do? I invest frequently in Tesla who use slaves to mine cobalt from the ground in dangerous conditions. Why would I care about the mental health of people who are competing with me?

1

SwearImNotACat OP t1_j6phkh2 wrote

Phew thanks for pointing yourself out as an asshole so I can block you.

1

NemnogoDayn t1_j6pifd5 wrote

How heavy are your bags?img

1

SwearImNotACat OP t1_j6piylh wrote

I don’t got none, current positions: dole 2,250 ko 300 SPY 100 - only shares sry boring af

1